Restaurants find concessions when their landlords land in financial trouble

Restaurants find concessions when their landlords land in financial trouble

When the upscale-casual Yard House chain opened its Kansas City, Kan., location in 2006, the property it moved into was a vibrant lifestyle center.


As the recession took its toll and consumers cut back on spending, however, the property’s developer, Red Development LLC, decided to rebrand the center as an outlet mall.


It was a change for which Yard House normally would not sign up. After 14 years of steady growth across the country, the Irvine, Calif.-based chain began p

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